OPENING ORDER: Minimum
order amount is $500. Orders under this amount are subject to a $25
service charge. All orders are subject to the acceptance of Monarch
Art & Frame, Inc.

LEAD TIME:Standard Orders - Shipment occurs within three to five weeks from approval
of order. Volume or Special Orders – Shipment occurs
based on individual production conditions.

CREDIT:
Credit is granted at the discretion of Monarch Art & Frame, Inc. New accounts must submit
3 trade references, a bank reference and a signed credit application,
in order to evaluate credit worthiness.

PAYMENT TERMS: Net 30 days with approved credit. A late charge of 1.5% per month may apply to
all past due balances.Payments should be mailed toMonarch
Art & Frame, Inc.Attn.: Accounts Receivable7700 Gloria
AvenueVan Nuys, CA 91406.

CIA ACCOUNTS: All non-net 30 accounts will be
considered Cash In Advance accounts. Orders for CIA accounts will be
processed upon payment and approval of the order. We accept
MasterCard, Visa and American Express.

FREIGHT TERMS & CHARGES:F.O.B. Factory, Van Nuys, California. All orders are shipped prepaid and all charges
added to the invoice unless otherwise specified. The customer is
responsible for freight charges based upon the valid classification
as outlined in the Motor Freight Classification Guide. Monarch Art &
Frame, Inc. does not guarantee freight rates or classifications, nor
is Monarch Art & Frame, Inc. responsible for any changes in
classification or freight rates made by the carriers.

TITLE OF MERCHANDISE: Title
to merchandise shall pass to the buyer on delivery by Monarch Art &
Frame, Inc. to the carrier.

SHIPMENT AND DAMAGE CLAIMS:

All
merchandise is packed to comply with carrier requirements. The
consignee, before acceptance, should carefully inspect all
merchandise and the delivering carrier should be requested to record
any damage to packaging or shortages. If further damage is found
after delivery an immediate inspection by the delivering carrier
should be requested. Notification of concealed damages must be made
to the delivering carrier within 15 days after the delivery of the
merchandise.

CAUTION: After obtaining a clear receipt for shipment, the delivering carrier
is no longer responsible for shortages.

RETURNS: Monarch Art &Frame, Inc. does not permit the return of any product without prior
written authorization.

CUSTOM:
Proprietary product development is available upon special request
for customers and is priced according to specifications and
quantities. Please contact our sales office for specific
information.

SUBSTITUTIONS:
Monarch reserves the right to make material substitutions due to
availability when necessary for like or better quality. Monarch Art
& Frame, Inc. will approve all design substitutions.